i have a very bullish view of the EUR long term currently, with thousands of pips to the upside. trading below 130.4 means that im wrong. so there is quite limited risk at the moment for the reward. price is currently at the .764 retrace area. looking for a breach of the 100 MA or a reverse of downwards momentum.
for a near term target, the top of the channel. ...

The euro has had a huge run up today. Mostly due to Stop Loss orders being triggered due to the lack of conviction of promises made which freaked the market out.
My Long term view is now a bullish. We have popped back inside the wedge formation on the short term and the weekly Trend Line has been holding so far. Im targeting a bullish break of the wedge ...

we are running up against the belly of the multi month channel that we previously broke, and we are currently in a triangle formation. You could trade the breakout move to the median zone of the channel, or you could trade a bet that the belly of the month channel will hold for now. Im personally looking for a move down. I wont be trading a long position till we ...

im looking for a downwards move to the bottom of the multiyear channel. Im then going to look for a long trade towards the median line.
we have divergences across the macd. Weekly is oversold and daily is overbought. Im looking for this to form a bottoming pattern over the next few months.

the weekly trend looks to be currently around the 1300 mark. So if we can break and hold past that, i see the bullish strength continue. but on the same token.....we are near the weekly trend so it may continue down, if you have a bias you can achieve phenomenal R:R when you reach these decision points. watch out for the volatility spikes.